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MathNet 2007-part-01 — 187 problems (EN–VI) Question 61

Math Olympiad Vault · MathNet 2007-part-01 — 187 problems (EN–VI)

Question 61

A company makes a profit of $6\%$ on the first $R\$ 1000.00$ reais of daily sales, and $5\%$ on all sales exceeding $R\$ 1000.00$ reais on that same day. What is the profit of this company on a day when sales reach $R\$ 6000.00$ reais?

(a) $R\$ 250$

(b) $R\$ 300$

(c) $R\$ 310$

(d) $R\$ 320$

(e) $R\$ 360$